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c. The marginal cost of producing unit #301is (higher/lower/the same as) the marginal cost of producing unit #300. d. In area A, the marginal cost
c. The marginal cost of producing unit #301is (higher/lower/the same as) the marginal cost of producing unit #300. d. In area A, the marginal cost (rise/fall) and the marginal product of labor (rise/fall) as the firm produces more units of output In areaB, the marginal cost (rise/fall) and the marginal product of labor ( rise/fall) as the firm produces more units of output f . For 200 units of output, the (marginal cost/total cost) is (minimum/maximum) A B - - - 0 100 200 300 12. Use the graph below to answer the following questions: a. The graph shown in the figure below is the typical (Total Cost/Variable Cost/Fixed Cost/ Total Product) . The marginal product of worker #501is (higher/lower/the same as) the marginal product of worker #500.11. Use the graph below to answer the following questions: a. The graph shown in the figure below is the typical(Total Cost/Variable Cost/Fixed Cost/ Total Product) b. The marginal cost of producing unit #101is (higher/lower/the same as) the marginal cost of producing unit #100.The marginal product of worker #1,501is (higher/lower/the same as) marginal product of worker#1,500. the d. In area A, the marginal cost (rise/fall) ( rise/ fall ) and the marginal product of labor as the firm hires more workers. e. In areaB, the marginal cost (rise/fall) and the marginal product of labor (rise/fall) as the firm hires more workers f. For worker #1,000, the marginal (cost/product) is (minimum/ maximum ) B - - - - - 0 500 1,000 1,500
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